Quick Answer: What Is The Rarest Metal On Earth?

How much platinum is left in the world?

Estimated: about 8 million ounces of .

999 fine platinum bullion.

This estimated 8 million ounces of .

999 fine platinum bullion above ground supply is valued at approximately USD 7.44 billion in current value based on a current fiat Fed note $930 oz platinum spot price..

What is the most valuable metal on earth?

The World’s Most Expensive Precious MetalsRhodium. Rhodium is the most expensive metal in the world, and it is also extremely rare. … Platinum. Platinum is one of the most widely-used precious metals because of its sheer versatility. … Gold. We are of course a bit biased, but gold is our favourite of the bunch. … Ruthenium. … Iridium.

What is the most expensive thing in the universe?

An astroid named 16 Psyche, after Cupid’s wife, was found to be made almost entirely of iron and nickel. That means, in current US markets, 16 Psyche is worth somewhere around $10,000 quadrillion (the world’s economy is around $74 trillion).

What is the strongest material on earth?

GrapheneGraphene, which was heretofore, the strongest material known to man, is made from an extremely thin sheet of carbon atoms arranged in two dimensions.

What are the 17 rare earth metals?

Rare earth metals are a group of 17 elements – lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, yttrium – that appear in low concentrations in the ground.

Is Diamond expensive than gold?

Since the value of gold is predictable and stable, gold has more value than diamonds. Natural diamonds are created when carbon is subjected to extreme pressure over millions of years. … Only a highly prized diamond, like a very large stone or an unusual color, will hold its value or become more valuable over time.

Is Platinum better than gold?

Platinum is Stronger and More Durable Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break then those of a gold engagement ring.

What electronics contain the most gold?

Computers and televisions tend to be the electronics with the most gold in them, but camcorders, media players, game consoles, and cell phones also contain gold.

Why is rhodium so valuable?

Rhodium is also expensive because of its qualities, such as its high melting and boiling points. These two qualities make Rhodium a vital option for products such as catalytic converters, which convert harmful gases into less harmful gases.

Is platinum a good investment in 2020?

Platinum price forecast 2020 For investors interested in buying the metal, there is short-term uncertainty. Demand for platinum in 2020 is forecast to drop, and there is likely to be a surplus of the metal. … Even in 2019 it has underperformed the two related metals with which it is mined.

Is Platinum good for health?

Health effects of platinum Platinum is a noble metal. … Platinum is used as a component of several metal products, such as electrodes and it can be used as a catalyser of a number of chemical reactions. Platinum bonds are often applied as a medicine to cure cancer.

What is the rarest material in the world?

AstatineMeet The Rarest Natural Element on Earth. Named after the Greek word for unstable (astatos), Astatine is a naturally occurring semi-metal that results from the decay of uranium and thorium.

What are the 10 rarest elements on earth?

10 Rarest Elements on EarthAmericium.Californium.Promethium.Protactinium.Francium.Berkelium.Oganesson.Astatine.More items…•

What metal is worth more than gold?

metal palladiumThe price of the precious metal palladium has soared on the global commodities markets.

What is the most expensive rare metal?

Palladium is now the most valuable of the four major precious metals, with an acute shortage driving prices to a record. A key component in pollution-control devices for cars and trucks, the metal’s price doubled in little more than a year, making it more expensive than gold.